Niles, MI, offers a lower cost of living compared to the nationwide average, which is set at 100. The overall cost of living index for Niles stands at 91, indicating that residents can expect to spend about 9% less than the national average across various living expenses. This includes housing, groceries, utilities, transportation, healthcare, and miscellaneous costs, all of which are slightly below the national figures.
Niles, MI, offers a cost of living that is notably lower than the nationwide average. The housing index in Niles stands at 85, which is 15% below the national average of 100. This suggests that housing expenses in Niles are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, the groceries index at 92 indicates that food costs are slightly above the national average, but still manageable.
Utilities in Niles are at 97, which is 3% higher than the national average. This means that while utilities are not as cheap as housing, they remain relatively close to the national standard. Transportation costs in Niles are at 90, which is 10% below the national average, offering another area where residents can save. Healthcare costs, at 95, are just 5% below the national average, providing a balanced cost for essential medical services. Lastly, the miscellaneous index at 88 shows that other living expenses are also 12% below the national average, contributing to the overall lower cost of living in Niles, MI.
